ASIC has filed Federal Court proceedings against former directors and compliance committee members of Keystone Asset Management Ltd (Receivers & Managers Appointed) (In Liquidation) over alleged failures in the management of the Shield Master Fund, which held more than A$530 million from around 5,800 superannuation investors.
The Securities and Exchange Commission is expected to release its innovation exemption for tokenized stocks. Scott Patterson reports on "Bloomberg Open Interest."
Jamie Dimon warns the UK that any move to hike taxes on banks in the event Keir Starmer is replaced as the UK's prime minster would see JPMorgan scrap plans to invest billions in a new London headquarters in Canary Wharf. He speaks with Francine Lacqua on "Bloomberg Open Interest."
JPMorgan Chase Chair and CEO Jamie Dimon discusses the state of global financial markets and the impact of the conflict in Iran. Speaking with Bloomberg's Francine Lacqua on "Bloomberg Open Interest," Dimon also comments on the use of artificial intelligence and European banking regulations.
US companies could choose to report earnings semiannually instead of quarterly under a proposal released by the Securities and Exchange Commission. Bloomberg Intelligence's Nathan Dean has more on "Bloomberg Crypto."
Federal Reserve Vice Chair for Supervision Michelle Bowman says regulators are getting close to releasing a revised version of a bank capital proposal known as Basel III endgame at a Senate Banking Committee hearing.
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